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t numbers on jobs in america. in today's cover story, the company owners of hostess have an unwelcome christmas surprise for workers. plus, coffee talk in today's traders unpugged. what's the better buy: starbucks or green mountain? and, should unions become the high hope for low wage workers? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning on this jobs friday. it's december 7th. i'm angela miles. in today's first look: the unemployment numbers. the market expects 90,000 jobs were added to payrolls in november and the unemployment rate will inch up to 8%. stocks and gold rallied ahead of today's numbers on jobs. however, oil slid more than $1 due to a growing supply of gasoline. netflix ceo reed hastings has received a wells notice from the sec. it reportedly has to do with information disclosed on his facebook page. also, according to reports, the washington post may be closer to charging customers to read artcles online. tim mulholland of china-america capital joins us on this jobs friday. t
atlanta where kenya and portia fought it out. >> you call me ms. america. >> i really feel you are disrespectful. >> the fight that these two women had on the real house wives show is she called a former miss usa a miss america. >> hold on. i said hold on! >> so they had it out outside of a charity event. >> this is a whack event. it's for children. >> she can play anybody. i am loving her. >> thank you because i don't want you to. >> i don't know why she is not on tv more. >> she was on the new normal. she played the professional baby proofer. >> and for those people who happen to be in new york between now and december 30 you can catch sherry in "musical the musical" which is basically "the daily show" with choreography. >>> abandoned tiger cubs get a new dog mom. >>> when it comes to mexico a lot of what we have seen on television and what we have read is bad news and we have seen a lot of negative images. which is why i am so excited to share with you this beautiful documentary. this documentary was written, produced and directed by dunkin richmond. he is a brit who wanted
next pressure point. >> this is the united states of america, the greatest country on earth, the world's economic superpower. the idea that we lurch from crisis to crisis and every six months or every nine months that we perhaps and not to pay our bills on stuff we have already bought -- threaten to they are bills on stock of are bought and default andrew and the full faith and credit of the united states of america, that is not how you run a great country. so i put forward a very clear principle. i will not negotiate around the debt ceiling. we are not going play the same game that we saw happen in 2011. which was usually destructive. it hurt our economy, provided more uncertainty to the business community than anything else that happened. i am not alone in this. if you go to wall street, including talking to a whole bunch of folks who spends a lot of money trying to beat me, they will say it would be disastrous for us to use the debt ceiling as something to try to win political points on capitol hill. so we're not going to do that. and which is why i think part of what i h
the deficits and help invest in rebuilding america and we think it makes a lot of sense. >> chris: but it was money that wouldn't have been spent anyway. >> if those wars would have gone on... >> chris: you are no ending the wars for budget purposes but because of the foreign policy decision, the wars were not going to be fought and you are not really saving money, it is a budget gimmick, money -- >> no, it is not, when republicans propose it is a budget gimmick. >> chris: sure, absolutely. >> address it with them. >> chris: well, i'm addressing it with you. >> again, it is a basic challenge we face, chris, the challenge we face, which is how to bring the deficit down over time, now, it will require spending savings, it will require increasing in rates of revenues and we think we can do it and will work hard to do it and have a good chance to do it and no reason we can't. >> chris: last question, can you promise that we will not go over the cliff. >> no, i can't promise that. that is a decision that lies in the hands of the republicans, that are now opposing increases in tax rates
. >>> tax hikes and steep spending cuts are just weeks away from keeping america from going off that fiscal cliff. >>> find out when it is expected to hit, it is all ahead on the ktvu channel 2 morning news. complete bay area coverage starts right now this is the ktvu channel 2 morning news. >>> well, good morning to you, we are ready, it is tuesday december the 11th, i am dave clark. >> let's start with the weather, maybe some rain coming? >> more cold. >>> it is even colder out there for some but it will be colder for all. upper 70s, that will be a distance memory here soon. the system does not have any rain but temperatures are coming down, low clouds and increasing clouds and very 50s, very low 60s. >>> good morning, no major problems and the weather continues to look good in sunny veil. 5:00 let's go back to the desk. >>> we have been following breaking news out of the area, tara moriarty just arrived at the scene and it's an apartment fire at the bart station. >> that's right, we are only a block away from the bart station. >> reporter: these are some apartment complexes a
the break. w the industrial age - when making things with machines basically made america great. for years the manufacturing sector has been in decline, but many feel it's fine to cede our one-time world dominance here to other nations while we pursue the sexy growth areas of i.t. but not so fast, say the authors of the book, "producing prosperity: why america needs a manufacturing renaisance." one of the authors is willy shee. he's a professor at harvard business school. professor, you say we need to reverse this trend because manufacturing is crucial to our economic future - make the case for that. > > bill, i think the issue is that the ability to make things underlies your ability to innovate. our studies have shown that in many fields, if you can't produce the product, it really inhibits your ability to innovate into future growth areas. and we all know the importance of innovation to the future growth of the country. > is this happening then with, you might say, business and government complicity or ignorance, not realizing how important this is to our overall economy? > > one of the
ever get one yesterday - bank of america back above $10. so, now what is going to happen for the markets? what do you think will be the next sector play? > > you know what, i am going to keep an eye on the financials of course. we are going to continue to watch mid-caps and small-caps. the data that has been coming out, and we have data coming out this morning, we are going to watch those more economically sensitive stocks here, domestically speaking. and those have been leading the market. yesterday they were leading the market even in spite of the pull-back that was early in this session. but this morning, we are going to see if that leadership continues, especially if the data comes out positive. > and they're continuing to sell off on gold. what levels are you watching for here? > > we broke through that $1,700 level. i am really actually watching the u.s. dollar. that is going to be a better flag right now. i think gold is still under pressure, but the dollar is really going to dictate at this stage, or at least flag, whether there is continual pressure. if strike st
's george watson looked at how demand grew in the early part of the 20th century. >> in 1917 when america entered world war i it was supplying half of the oil required to fight the war. the use of oil revolutionized the way war is waged. oil fueled the planes, tanks, trucks and ships that fight wars. the end of the war actually increased the world's need for oil. by of the war, america was consuming oil faster than america could produce. the competition was stiff especially from the british and dutch oil interest. in 1919 american companies were spending $400 million in marketing and oil refining by 1925 they were spending a billion dollars on exploration alone. at home oil began to literally gush. production doubled from 1918 to 1923. by 1929 it had tripled and passed the billion barrel mark for the first time. but the greatest oil discovery was yet to be made. standard oil company of california discovered oil on the tiny island of bahrain. success there convinced saudi arabian king. the agreement was for 66 years. but the saudi desert was proving to be as barren as it looked. after six
. the company plans to trade under the ticker symbol "seas." still to come, layoffs are making corporate america richer, but is it good for the company stock? our traders go ethical, later on in traders unplugged. but first, why more consumers are becoming comfortable with their credit cards. that's next, after this "in the know" message. jwwñ over the last few years, we've been using our credit cards less and less. however, this year, holiday shopping saw that reverse itself. with us to talk about that is gerri detweiler. she's director of consumer education at credit.com. gerri, welcome. > > thank you. > what happened? > > there is a lot of frugal fatigue out there. we have been so careful with our spending for the past few years i think some consumers said "i deserve to buy myself something, not just other people gifts this year." so what we are seeing is, before the holidays, fico did a survey where they found that a slightly increased number of people said they would take three months or more to pay off their credit card debt that they plan to run up before the holidays. of course, now we
. it was such a great thing the voice of america, trying to get what america is like by radio. here these games we had 500 european correspondents come over here to really say what america is like. i mean there was, it was very -- it was a tremendous amount of fun, but it was -- it was just great that's all. >> cushing continues to be the man in charge and continues to build out his dream which includes a village with apartments and shops the units are sold out way before they're built. >> i had a wonderful time building this place. i love this place. but we are raging to keep on. i don't know how long it'll be but we are making arrangements for 2010, 2015 all kinds of things. so we'll see. i'm going to stick around and enjoy it for as long as i can. >> when we come back on a second look, the brave people who work to stop sierra avalanches. >>> a bit later a young woman talks about surviving five days buried in the snow. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording
owners in america are responsible. they purchase guns illegally and they use them safely. whether for hunting or sport shooting, collection, or protection. but i am also betting that the majority, the vast majority of responsible, law-abiding gun owners would be some of the first to say we should able to keep an irresponsible lawbreaking few from purchasing a weapon of war. i'm willing to bet they don't think using and using common sense are not compatible ideas. that's an unbalanced man should not able to get his hands on a military-style assault weapons so easily. that in this age of technology we should be able to check someone's criminal records before he or she can check out at a gun show. that if we work harder to keep guns out of the hands of dangerous people there would be fewer and tragedies like the one in newtown. or any of the lesser known tragedies in small towns and big cities all across america every day. since friday morning, a police officer was gunned down in memphis leading four children without their mother. two officers were killed outside a grocery store in t
he made during a news conference. >> i will be happy to go to america, america is my home where i was raised. and that's exactly what i want. >> john mcafee is now in a guatemala detention center. he was not involved he said in the shooting death. >>> in parts of the midwest, a big storm brought high winds and snow across minnesota and parts of wisconsin. they are urging people to stay home though, due to the icy conditions. several highways are closed and hundreds of crashes are reported, a record 10 inches fell in the twin cities yesterday. >> that is a lot of snow. let's check in with sal. >>> if you are driving on 580 you might be able to see this from the side of the road, a big-rig fire and this truck caught fire and also some power lines are involved and tara moriarty was the first reported on the scene and she will have a live report coming up at the top of the hour. coming up, the morning commute looks good in both directions and there are no major problems and the morning drive on the freeway further south, that traffic does look good down to the freeway, let's go to ste
. designed to be noticed. at kay, the number-one jewelry store in america. ohhhh. right. ♪ every kiss begins with kay >> gus: 70-24, nebraska, one they would love to forget quickly. wisconsin with three 100 yard runners. ball with 202 yards rushing, gordon, 198. white, 109. last time wisconsin had three 100 yard rushers in a game was in 2008. eighth rushing touchdown, a school record for the badgers. the badgers have played in back-to-back rose bowls in '99 and 2000 against both participants in last night's pac-12 championship. as you take a look at the offen offense. first down and ten. melvin gordon. >> charles: wisconsin as i mentioned played in back-to-back rose bowls in '99 and 2000 against both participants in last night's pac-12 championship. '99 they beat ucla 38-31. they beat stanford 17-9. ron dayne was named mvp of both those games. a whole lot of man running the football. >> gus: heisman trophy winner. >> charles: we saw his coach in pregame. i asked coach about him once. he said i didn't get him lathered up until about carry 30. >> gus: tony alvarez stopping in the booth
brazilian food. south america really is hot. the chicken we talked about and a lot of the menu trends are starting to bubble up from south america and really starting to make inroads on the menu. and you also find that restaurants are going to be seeking differentiation through libation variety. the drink menu. beverage is a great area for restaurant operators to innovate. we're seeing a lot in terms of microdistilled liquors and spirits. craft beer is certainly hot right now and non-alcoholic. whether its specialty drinks, specialty mock-tails. beverage is a great place to innovate and provide a differentiation for the consumer. i'm a smoothie man myself. hopefully there will be some of that out there. david henkes from technomic, thanks so much. still ahead... why so many motorists take the fast track when it comes to buying car insurance.. and how much they could be getting ripped off.. is next. w you've heard it here before-- you better shop around when it comes to car insurance.. despite our warnings.. most people are skipping getting several quotes before hooking up with insu
to america. >> when you make a deal with nature, it could be a good trade or a bad one. whether this was a good one or bad one is matter that can't be settled with numbers. >> when we come back, the ongoing struggle to remove ddt from san francisco bay. and an island of red trees in the suburbian sprawl. >> this is the 50th an vrsversey of silent string and spring and the book helped lead to the 1972 ban of ddt in the united states, but it is still a problem here in the bay area. >> you got it? >> yeah. he is on there. >> talk to those who frequently fish the bay. >> halibut. >> and you will find many who keep and cook the catch, but it is best to limit the amount you consume. there is a spot where no fish are fit to eat. here the ran thing is ddt. >> we want the communities to be aware of the don't eat advisory. >> he met this woman at the united heckform. the plant is long oregon gone, -- long gone, but the company left a legacy of toxins that threaten the environment. >> it is much higher than in the rest of the richmond harbor and the san francisco bay area. >> they were fir
's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of five and 10 years old. they had their entire lives ahead of them, birthdays, graduations, weddings, kids of their own. among the fallen were also teachers, men and women who devoted their lives helping their children fulfill their dreams so our hearts are broken today for the parents and grandparents, sisters and brothers of these little children. and for the families of the adults who were lost. our hearts are broken for the parents of the survivors as well. for as blessed as they are to have their children home tonight they know that their children's innocence has been torn away from them too early. >> the president also said the country must take what he called meaningful action to prevent today's shootings. you can send your condolences to the victims by going to our facebook page. you can postyour thoughts on our wall. >>> it all started around 9:30 a.m. eastern time when police learned that a shooter was inside the s
. citigroup, deutche bank, barclays and the investment banking unit of bank of america left it up to individual departments to pay out of their own accounts. back in the day, as in before the financial crisis, wall street firms rented out nightclubs and steakhouses in midtown for holiday celebrations. the u.s. government is calling in the national academy of sciences for yet another safety review of airport scanners. the department of homeland security says the nonprofit group of scientists will be charged with reviewing previous studies done on the scanners. the call comes amid continuing concerns from some members of congress, as well as some scientists, about the amount of radiation that the scanners subject travelers to. brave investors who bought junk-rated greek bonds in january of 2012 are sitting on profits. the highly-risky bond buy during an extremely volatile time for the country has earned investors 20 times more than people who purchased top-rated german debt this year. bloomberg news reports the return on the greek junk bonds is up 80%, compared to a gain of just 3.7
. >>> the president of afghanistan, will this complicate america's oldest war. ktvu channel 2 morning news. >>> we had lot of rain there, and fog is out there, may be a little mist or drizzle like we had yesterday, that is for sure. temperatures are close, dew points, we need to get some of that going, there is only reports of it, maybe a low cloud deck, 60s, here is tara. >>> here is a look at 880, you can see traffic is moving nicely in both directions, no problems to report. we have a problem on the san mateo bridge. there you go, this is a look at 101, and no fog is here, traffic on the right-hand side, southbound as you make your way towards fso, no problems. 6:01, let's head back to the desk. >>> developing news of a traffic stop accident in san francisco, it smashed a fire hydrant and -- and shut down essex street. you can see this is near the on ramp to the bay bridge happening right now. it shut down because water from a busted fire hydrants damage -- hydrant damaged scaffolding. a -- police were trying to pull over a man for being suspected of driving under the influence. that intersection w
childhood obesity in america. several say obesity rates are going down. they report philadelphia, new york city, alaska and other areas are seeing drops in obesity. the drops are small but researchers say it is still significant. they are not clear what helped but it is significant for years. >>> they will be back in court and yesterday a judge approved an amendment to attach the sierra lemar case to the other crimes antolin garcia-torres is accused of. he tried to kidnap three went from a safe way parking lot in 2009 and antolin garcia-torres will enter a plea in both cases. >>> giselle esteban has more on her fate and what the judge said about handing down a sentence to giselle esteban 25 years to life. >>> it is about to become a public company. solar city is about to set a public offering price. the company hopes to raise as much as $150 million. and another co-founder of pay pal and space x said he plans to invest $15 million and that could affect other investors who are worried about the clean energy business. >>> they will consider scrap metal thefts and they will create stricter st
town in america. here in newtown, i come to offer the love and prayers of a nation. i am very mindful that mere words cannot match the depths of your sorrow, nor can they heal your wounded hearts. i can only hope it helps for you to know that you're not alone in your grief. that our world, too, has been torn apart. that all across this land of ours we have wept with you. we've pulled our children tight. and you must know that whatever measure of comfort we can provide, we will provide it. whatever portion of sadness that we can share with you to ease this heavy load, we will gladly bear it. newtown, you are not alone. as these difficult days have unfolded, we've alyou've also id us, stories of strength and resolve and sacrifice. we know that when danger arrived in the halls of sandy hook elementary, the school staff did not flinch, they did not hesitate. dawn hochsprung, mary sherlach, vicky soto, lauren russeau, rachel devino and ann marie murphy, they all responded as we all hoped we might respond in such terrifying circumstances, with courage and with love, giving their lives to pr
make this season. only three of those acts can go through. who are you going to choose, america? if you missed any of those phone numbers, you can find them at thexfactorusa.com. and please remember, they are 855 numbers, not 800 or 866. you can vote as often as you like by toll-free and text. and you can use verizon touch voting if you have the xtra factor app. voting stays open for two hours after the show. it's now or never, people. you've got to vote. tomorrow we get the results. three acts will be one step away from winning a $5 million recording contract. but for one, the dream will come crashing down. it's the results show. we'll see you tomorrow. good night, people. >>> a health scare for governor jerry brown. his cancer diagnosis, and whether it will affect his ability to lead california. good evening, i'm frank somerville. >> i'm julie haener. jerry brown has been diagnosed with early stage prostate cancer, and is now undergoing treatment at ucsf. learned about the cancer diagnosis and what the governor faces. >> reporter: earlier this evening, a hospital source told m
, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global econ
and tuesday, pam? >>> the reason america's best known charity groups is the target of the protest. >>> video of a lamborghini speeding through a tunnel. the san francisco car speeding through the tunnel overnight. . >>> the san francisco car speeding through the tunnel overnight, we will explain. w . >>> welcome back to the ktvu channel 2 morning news. uc berkeley is getting underway to ban the salvation army from the campus. they will be raising funds for the salvation army on campus at 10:00 and it is in protest for the senate are resolution -- senate resolution to remove army bans where they are discriminating against gays lesbians. >>> he has been found mentally incompetent to stand trial. they made that ruling regarding love. love pled not guilty to three counts of arson. the fire destroyed much of the law offices and she remains in custody on $250,000 pail. he was suspended in a domestic violence case. opponents are asking for his resignation and they are hoping to avoid a recall that could cost the city a half million dollars. >>> and the sergeant is involved in a police probe of a la
hearts are broken. people draw on the bonds forged in small town america, for strength to endure the sadness, left by innocent lives, taken violently. and they hear the stories told by parents, like robbie parker about the last time he saw his six-year-old daughter, emilie. >> she told me good morning and, asked how i was doing and i said i was doing well and she said she loved me and i gave her a kiss and i was out the door. >> reporter: federal agents are now fanning out to gun stores and ranges across connecticut following leads and trying to piece together a timeline of what led to the tremendous loss of life. chris. >> chris: mike tobin reporting from newtown, connecticut. thanks for that. let's bring in fox news correspondent molly line who has been finding out more about the victims of the shooting rampage. molly? >> reporter: chris, all across this small community, people are just beginning to come to grips with their grief, and are coming together, joining in prayer, and mourning. the small makeshift memorials are everywhere. flowers, balloons, and hand-written signs. so
are up and investors are reacting to the bank of america announcement and interests will move at their current levels. australia hong kong, all of them finished with losses. the weaker yen continues to benefit the exporters there. >>> futures do indicate a lower opening this morning, maybe testing that 13,000 level but the dow jones industrial average was up yesterday at 13044 but the nasdaq lost ground yesterday. the cupertino business had its worst day in years. it is down more than 20% on the year and lists blame technical concerns, the global economy and today's court hearing in the battle against samsung for yesterday's drop. >>> a gay blocker will be there because of a controversial photo, we will have more on what a judge has ordered. >>> a new perfect fume that could make you hungry, we will have more on the fast food chain that is launching the product, stay tuned. ñsxóxgñ . >>> welcome back to the ktvu channel 2 morning news, a new jersey congressman is calling for tighter regulations after that derailment and chemical spill. they say they cannot regulate themselv
been with bank of america since they first started. we work with them to help them grow and succeed. we're coming up on 50 employees and delivering to thousands of companies every week. i would definitely say this is a fruitful business. . >>> this is in san leandro, it started early when the big-rig hit power lines and reportedly two people were inside but they got out safely, thanks to the quick thinking of the driver who is a volunteer firefighter. tara moriarty was there first before anybody else and she is coming back with a live update in our next half hour. san francisco police are investigating the gagging of a man and woman found in a san francisco street. the man has died and the woman was badly hurt. version are waiting to talk to the woman so they could ask her what happened. >>> and president barack obama flies to michigan and he is trying to avert the fifth call cliff. some -- fiscal cliff. some say they are willing to go along with the tax plan to raise taxes on wealthy americans. >>> they are estimating they will process more than 200 packages per second. brian flores jo
. and you are sending a message to all of america and believe me the hearts and prayers of america are with you tonight. >> mourners stayed at the church hours after the service ended to pray and remember the victims. >> new town is more than 300 years old, in the southwest part of the state. it was founded in 1705 . many people who live there work and drive to new york city. new town is well off economicly with a medium household income of $108,000. today $108,000. >> an oregon mall where a gunman opened fire killing three has reopened with tight security. memorial books and stars will be available throughout the weekend for shoppers at the town center near portland to leave messages. mourners also attended a vigil and plans in the works for a permanent memorial. officials say extra security is in place. >> the connecticut school shooting is also drawing comparisons to the columbine tragedy where two students killed 13. some survivors say news of the connecticut shooting was particularly difficult to hear because they are now parents themselves. first responders at columbine
. >> and that is president obama as he seeks to comfort the community of newtown community and the rest of america in services this evening recall the horror of the shooting and the innocence of the victims. mr.obama met with the families of the 26 killed. he called on the nation to do more to keep children safe. >>> meantime new information is coming to light about how gunman adam lanza pulled out friday's shooting. he used his rifle to blow the door open. he then killed the principal and school counselor. >> churchgoers in newtown were traumatized once again today when someone phoned in a death threat during services. the saint rose of lima catholic church was evacuated then a s.w.a.t. team searched the facilities for an hour. the threat scared churchgoers who had gone to solice. >> you saw these young children who go to sandy hook school and they were here for service and they were just crying. >>> we have team coverage tonight, we have ktvu's john sasaki in newtown. >> reporter: locals and visitors alike are paying their respects. >> we're thankful that we have our children and we're just, we
: this is canyon sports. >> made in america. >> reporter: a gun shot where the line is long and the weapons are stacked. >> no, no. first time i owned it. >> reporter: do you have a gun? >> no. >> reporter: she said she needs to protect her family because of the weapons criminals have. >> will never probably need it or use it but if i do, i will have it. >> reporter: she sports the perez -- she supports the president. >> i think they should regulate both. you know, i am not sure how the policies would look but they should be looked in to. it is a scary thing out there. >> fire arm purchases are hot right now. >> reporter: the owner -- >> now, i mean, the pressure is high on him to do something. >> criminals don't buy guns. >> reporter: he does not agree with the president on the need for new gun control but he says he agrees on the need for more mental health resources in america as does one of his customers. >> absolutely. i see that as being probably the biggest problem. the responsibility of the owners of the guns and their mental health is a huge concern. >> reporter: also a huge concer
america taking the time to help those most in need. >> the first family arrived early this morning in hawaii where they're spending their christmas holiday. the president said he plans to return to washington next week because of the so-called fiscal cliff. legislators left washington without a deal that would avoid cutting government services on january 1st. >> a portion of interstate 80 heading to the sierra was shut down today after a series of storm related spinouts. the highway patrol shut the highway down this morning from colfax to the nevada state line. this is what it looked like this afternoon where you see a detour prompting cars to exit the freeway and turn around. at times the interstate looked more like a parking lot. >> try to get to tahoe for christmas and we saw a small sign that says road closed and thought day were kidding. but they weren't. >> the interstate eventually reopened this afternoon, the most powerful winter storm of the season is on track to drop as much as 5 feet of snow on top of the sierra. here's what it looked like earlier at squaw valley. as muc
for a second chance. his dog attacked a police horse. >>> allegations of cheating at the america's cup. the protocol team oracle is accused of breaking. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. -- there's nothing -- >>> there's nothing like being home for the holidays. that's what an animal senter is hoping for dogs and cats. >> good girl! >> the san jose animal care center was designed to house 28 dogs. right now more than 100 live there. that includes a 4-year-old doberman mix named kona. >> she's been here since september 26th. that's a long time for a dog of this size with this type of energy. >> to help families adopt a furry new friend, the shelters are dropping adoption fees. approved f
-- >> that is a problem for america. if that should happen. >> chris: i don't want to get too much into the weeds, though, obviously it is a substantive subject, but after the cliff, the next big step, is when we reach the debt ceiling, which we're now told by treasury secretary geithner will be probably around the end of february. two months. assuming that you get this deal, you turn off the bush tax cuts, for -- bush tax cuts for 98% of americans, will they go every the democrats as part of bargaining on -- and the president said, i will not negotiate on that anymore. >> here's what i will do, if you took every penny on the $600 billion and put it on the deficit, it is 6 or 7% and i don't believe all of it will go on the deficit. when we raised the debt ceiling in august of 2011, we borrowed $2.1 billion. we spent that much money, in 17 months. why would i raise the debt ceiling again, unless we address what put us in debt to begin with? i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, and social security and medicare, here's what i would lik
in america. it's... a work of art? ♪ every kiss begins with kay a work of art? ♪ how advanced is the new ford fusion? well...it has outstanding performance and handling... ...and it offers a plug-in hybrid that gets a projected 100 mpge. of course, there's still one thing it can't do. introducing the entirely new ford fusion. it's an entirely new idea of what a car can be. >> erin: welcome back to the at&t pac-12 championship postgame show. it's time for the trophy presentation. let's toss it out to our charles davis in palo alto. >> charles: thank you very much, erin andrews. hello, stanford. i do believe -- it is time to present a championship trophy. in order to do that, i'd like to invite the commissioner of the pac-12, mr. larry scott, and the president of the tournament of roses, miss allie bigsby to come down here. commissioner scott, i believe you get to do the honors about what's going on here. >> first i'd like to thank stanford university for doing such a great job hosting the pac-12 championship game. it gives me tremendous amount of pleasure to congratulate coach shaw and the sta
on the investigation. >>> there are growing concerns america will be going off that fiscal cliff if a few week. ktvu channel 2 morning news continues. >>> good morning. welcome to a brand new day monday, december 3rd i'm dave clark. >> and i'm pam cook. thank you for joining us. steve paulson is here with the wild weather we had. and then what's in store for us. >> quiet today. there will be one more system coming in tomorrow you two. it's cold out there. a lot of upper 30s and 40s. the weekend system was very mild. that is not the case now. we had a lot of cool air. mostly sunny today. that will not be as strong as anything we saw. any rain forming is not so good. dry monday. patchy fog. we'll have more of that rain coming up. >>> here's a live look at the mccarthur maze. you can see the traffic flowing nicely on the far right hand side. folks heading out to the bay bridge teleplay -- toll plaza. also traffic looking good. let's head back to the desk. >>> we are tracking breaking in is where chp cruiser flipped over during a high speed pursuit that reached speeds of 100 miles an hour. it happened
on the top 2% of wage earners in america. this week the gop offered a proposal that continues tax breaks for everyone while making cuts to medicare and social security. the president and democrats say the lack of a tax hike on the wealthy is leaving budget talks at an impasse. "60% of americans support asking millionaires to pay slightly more. many republicans feel the same way. the only ones who feel differently are the ones who work in this building. we can't let these negotiations be dictated by the tea party." "we've wasted an enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. traders are keying off market moves for clues about the economy. scott bauer of trading advantage joins us now. scott, what is the gold market telling traders about the prosepects of the economy going over the fiscal cliff? > > angie, it has been a very interesting trade in this space recently. people look to gold as the safe haven, yet we have seen gold prices come off about 5% over the last couple months. and in fact, yesterda
of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will
the u.s. in the america cup of breaking the rules. introducing the chase liquid reloadable card. with chase liquid, there's no waiting and no fee to activate you can load cash and checks at any chase depositfriendly atm and there are no withdrawal fees at over 17,500 chase atms all for one flat fee of $4.95 per month. get rid of prepaid problems. get chase liquid. >>> a milestone in the construction of the 49er stadium is being marked with a special ceremony. ktvu's janine de la vega joins us live to explains the signature of the structural steel landmark. good afternoon, janine. >> reporter: right behind me you can see what this $1.2 billion stadium looks like. it's pretty massive. in four months, look how much progress has been made. today, the last two beams at the very top of the stadium will be put in. let's take a live look from a camera that gives you sort of a different angle from the stadium where you can see what the -- what the structure really looks like, all of the cranes and the construction equipment inside there. now, in about two and a half hours, a ceremony wil
this morning. good morning phil. > > good morning! am i bringing good news to america. merry christmas! > we love this for a monday phil. so what is going on with gas supplies? > > it is called reefer madness-no! it's refiner madness! > there you go. > > last week, refiners rose to the occasion. in the aftermath of hurricane sandy, of course, the markets were screaming, "we need more gasoline! supplies are below normal! the east coast needs gasoline." so refining merchants went through the roof. what did the refiners do? they were refining gasoline not like we were going into thanksgiving and christmas. they work refining like we were going into the fourth of july. we saw refining margins go above 90% capacity, and produce so much gasoline that we saw the biggest one-week inventory build in gasoline supplies that we have seen in over 15 years, since september of 2001. i will take it a step further. what else we saw in that inventory report is, over the last two weeks, we have built almost 12 million barrels of gasoline in just two weeks. that is almost unheard of. the refiners did a phenomen
. >>> 7:23. where is the smartest city in north america? one website says san francisco is the second smartest city. san francisco has a lining entrepreneurial economy -- this rhining entrepreneur economy, the report says, but they say it is near colleges and universities. behind san francisco are seattle and vancouver. >>> 7:23. we want to check in with sal. see what's happening on the roads. sal? >> yeah. boston has harvard. >> right. >> let's take a look at what we have. it's cambridge, technically. but you know what i mean. southbound 880, we have slow traffic. we also have slow traffic on the bridges. but not so much on the san mateo bridge as we did yesterday. we want to talk about contra costa county because highway 4 has improved from antioch to pittsburg but slow in bay point. 24 is not that bad. it's crowded, though. and thin 80 westbound in western contra costa county slow in richmond as you drive down to berkeley. if you are driving in san jose, we have slow traffic here coming up from downtown. it's very slow driving up to the 17 interchange and beyond that into cupertino
in north america. there's a report that says san francisco has a thriving entrepreneurial community. but they named boston the top on the list. right behind san francisco are seattle and vancouver. >>> today on ktvu channel 2 news at 5:00, david stevenson is following the story we told you about earlier in the newscast. the death of one of the people found bound and gagged sunday in san francisco. and david is expecting new developments this afternoon in this investigation. >>> thank you for trusting ktvu channel 2 news. we'll see you the next time bruise breaks. we're always here for you on ktvu.com and mobile ktvu.com.
to make it in the industry. that's next. america's next top model and project runway are among the tv hits giving a new look at the modeling industry. show stars heidi klum and tyra banks have turned their modeling careers into multi-million dollar ventures. supermodel erin j. morgart joins us with the inside scoup. she is a supermodel of course, and i should point out you are harvard-educated and a member of mensa. and you are not the norm. so why do you think you were so successful at turning a deling career into more of a business venture? > > thank you for having me on the show. i believe that the reason why i have been successful is because i have hired the right people, i have gone the right path, i have hired a publicist, which is imperative, i have hired a manager, i have done photo shoots with the right people, i have avoided the pitfalls that many models fall into. i am a person of faith, and i believe that using that intelligence has guided me in my career, and i am branding myself as not only a model, but a person, a brand. > how can somebody out there make sure that they don't
is accused of stealing $17,000 from the bank of america in the richmond district. they tracked them down by a fingerprint on a note he gave to the teller. he filed for bankruptcy in july. as a deputy. he earned more than $7,000 a month. he is expected back in court next monday. >>> they are hoping newly released surveillance video will help them find a man who robbed at gun point. this is near clearry street. it shows one suspect hitting the victim with a pistol. police say two men drove away in a newer model dodge charger. these are photos of the men who committed the crime. police are asking anyone with information to give them a call. >>> i am brian flores live in san francisco. we will tell you what areas are affected and whether you can see flooding. >>> it may be sunny and sunnier in the neighborhood. but there are reports of hail in the area. steve will be here to tell you about it. a deal that will get you to los angeles for less than the cost of a cup of coffee. [ female announcer ] here's to a whole world of happier holidays. time to enchant, delight and amaze. safeway will hel
. as i have said don't even think about raising the medicare age, we are not throwing americas seniors over the cliff to give a tax cut to the wealthiest people in mish. >> it is likely they will have to work through the holidays to reach a compromise. despite a dip in unemployment and increased spending with consumers, economists say it is the figure fiscal cliff causing that and could bring them into that. when asked about it today the president said, it is still a work in progress, live in the newsroom, brian flores, ktvu channel 2 news. >> thank you brian. >>> by area home prices rose last month. newly released numbers show home prices were up more than 20% from last year according to the research firm data quick, the price was $438,000 in the 9 county bay region, sales rose to a six year high, up 16% from last year. >>> hayward police are tracking gold jewelry thieves who pick their victims based on race. the thieves are suspected of snatching gold chain necklaces from around the necks of more  than 20 victims in hayward. investigators say most of the victims are indian, filipi
help rebuild the abbey. that's kinda cool." only a few shops in america received this blessing. despite one per person - seriously - this shop in chicago ran out by two pm, leaving roughly 3,000 other beers available at this store. "so who's the lucky recipient of all six of these? probably me. my wife might have one." "they say this is a one-time only deal. i'd believe that, westvleteren's known to be very, very, very private." however reclusive the monks of westvleteran, their beer showed up on ebay going for up to $350 a six-pack, only a few hours after stores sold out. they may want to rethink that one-time- only thing. still to come, does the drop in unemployment make for the best time to load up on stocks? our traders go unplugged with their views. but first, find out how to protect your money in a season of scammers. that's next. [ game announcer ] touchdown! and here comes the dunk. [ male announcer ] everyone loves to dunk. ♪ [ game announcer ] will he dunk it? yes, he will. [ male announcer ] mcdonald's tender, juicy chicken mcnuggets in creamy ranch and spicy buffalo sauce.
to to go through in the future. >>> i know there's not a parent in america that doesn't feel the same overwhelming grief that i do. the majority of the people that died today were children, beautiful little kids between the ages of five and ten years old. they had their entire live ahead of them, birthdays, graduations, weddings, kids of their own. >> all right, once again that was president obama. earlier we heard that live but he certainly was quite emotional, something you don't see very often with the president. but obviously this is touched him deeply not just as the president but with a parent with two daughters in school right now. we want to go to paul chambers that has more information on the principal that is said to be one of the victims of the shooting this morning in connecticut. paul. >> that's correct, torey, the principal, the guidance counselor and one
. and that was especially true today. i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of five and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. >> reporter: the president said that the nation must in his words take meaningful action to prevent more tragedies like today's shooting. >>> as you saw the president was emotional when he spoke earlier today. it was about a four minute long statement and you can hear all of it just go to ktvu.com. >>> signs of tragedy in connecticut can be seen here in the bay area. at the federal building in oakland the flag was lowered to half staff. the president has ordered all flags be lowered to half staff until tuesday. scenes like this one in san francisco played out across the country this evening. >>> other leaders reacting throughout the day about this shooting. both of california senators were quick to send out statements this first one from senator dianne feinstein. s
giffords said the discussion can no longer wait. and feinstein is calling on congress to debate america's gun culture. declaring weapons of war don't belong on our streets or in our theaters, shopping malls and schools. >> it was very similar to the day that i was shot. >> reporter: activist mindy fikelstein was surrounded by children when a man opened fire. >> the problem is too many guns. people who shouldn't get their hands on gun have the ability to do so. >> reporter: the pistols used today a glock and a sig. and connecticut like california has strict rules. >> the united states, 8,400 deaths a year due to gun violence. we have got to do something about it. and congress has got to get a backbone. >> these children were murdered, brutally murdered in the place where they felt safe. >> reporter: scenes like these always take her back. >> i was brought to my knees, i left work in tears and have basically been under a blanket all day. >> but more than anguish she hopes for outrage and action. >> call the white house, call your congressman, e-mail, go to we are better than this.org. the
in her hands. >> just the way we want america to go. in other words the rights of the few overcome the safety of the majority. i don't think so. >> feinstein successfully pushed through an assault weapons back back in 1994 but expired ten years later. democrats have tried several times since then to renew the ban without success. students at sandy hook elementary will return to class but if they do they will go to an unused school. that school will be ready by wednesday but no date has been set for the children to resume class. and police will be stationed outside that school. one official says he doubts students will ever attend sandy hook elementary again. >>> a local church is planning an interface service tonight to reflect on last weeks mass killings. the service will be at 7:00 at first presbyterian church in burlingame. local religious leaders and public school trustees will all attend the service which will include prayers, readings, and expressions of remembrance and hope. >>> six fishermen were rescued after their boat started to sink. they called 911 after their boat sta
] more ways to love mcnuggets. ♪ a greek invasion is happening in america in the form of yogurt. hamdi ulukaya, founder, president and ceo of chobani yogurt, joins us now. you have the number-one-selling greek yogurt in the united states. 35% of the market share. so tell us, you now have even bigger news to report. what is it? > > chobani has built a second plant in the united states. we built a 1-million-square-foot plant in less than 11 months, and we are so excited that we are going to be launching three new chobani items from this plant as much as the other ones that all the country is asking for. > how many jobs will you be creating? > > this is starting with 330 jobs, but that is just phase one. > what do you make of all the success of chobani, and why do you think greek yogurt is so popular right now? > > when we started in a little plant in south evanston five years ago, we believed that food in general should be pure, it should be natural, and it should be accessible. and it should taste awesome. and that is what we aimed for. and we started with yogurt, which is a centuries-,
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